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Foreign Capital and the Informal Sector: Comments

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  • Gupta, Manash Ranjan

Abstract

The first model of V. Chandra and M. A. Khan (1993) has been extended in the following directions: (1) migration equilibrium condition has been generalized; (2) capital market distortion has been introduced; and (3) land as an agricultural input has been considered. It appears that the Brecher-Diaz-Alejandro (1977) proposition may lose its validity in some special cases. Copyright 1997 by The London School of Economics and Political Science

Suggested Citation

  • Gupta, Manash Ranjan, 1997. "Foreign Capital and the Informal Sector: Comments," Economica, London School of Economics and Political Science, vol. 64(254), pages 353-363, May.
  • Handle: RePEc:bla:econom:v:64:y:1997:i:254:p:353-63
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